HIVE Digital Technologies .(HIVE)

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HIVE Digital Technologies strengthens AI push with NVIDIA GPU deployment in Quebec
Proactiveinvestors NA· 2024-12-24 13:45
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
RETRANSMISSION: HIVE Expands NVIDIA Chip Suite to Power AI Boom with $30 Million H100 and H200 GPU Clusters to be Deployed in Quebec
Newsfile· 2024-12-24 11:00
RETRANSMISSION: HIVE Expands NVIDIA Chip Suite to Power AI Boom with $30 Million H100 and H200 GPU Clusters to be Deployed in QuebecDecember 24, 2024 6:00 AM EST | Source: HIVE Digital Technologies Ltd.This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.Vancouver, British Columbia--(Newsfile Corp. - December 24, 2024) - HIVE Digital Technologies L ...
HIVE Expands NVIDIA Chip Suite to Power AI Boom with $30 Million H100 and H200 GPU Clusters to be Deployed in Quebec
Newsfile· 2024-12-24 06:37
HIVE Expands NVIDIA Chip Suite to Power AI Boom with $30 Million H100 and H200 GPU Clusters to be Deployed in QuebecDecember 24, 2024 1:37 AM EST | Source: HIVE Digital Technologies Ltd.This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.Vancouver, British Columbia--(Newsfile Corp. - December 24, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) ...
HIVE Provides Results from Shareholder Meeting
Newsfile· 2024-12-12 01:13
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (referred to as the "Company" or "HIVE"), a global leader in sustainable blockchain infrastructure, is pleased to announce that all resolutions considered at its 2024 annua ...
HIVE Digital Technologies enhances Bitcoin mining efficiency with strategic acquisition
Proactiveinvestors NA· 2024-12-03 13:40
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
RETRANSMISSON: HIVE Announces Transformative Acquisition of 8.6 EH/s of Bitmain S21+ Hydro Chips, Projecting 15 EH/s by Summer 2025, Driving $300 Million Revenue and 2% of Global Bitcoin Mining Network
Newsfile· 2024-12-03 11:00
RETRANSMISSON: HIVE Announces Transformative Acquisition of 8.6 EH/s of Bitmain S21+ Hydro Chips, Projecting 15 EH/s by Summer 2025, Driving $300 Million Revenue and 2% of Global Bitcoin Mining NetworkDecember 03, 2024 6:00 AM EST | Source: HIVE Digital Technologies Ltd.This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.Vancouver, British Columbi ...
HIVE Announces Transformative Acquisition of 8.6 EH/s of Bitmain S21+ Hydro Chips, Projecting 15 EH/s by Summer 2025, Driving $300 Million Revenue and 2% of Global Bitcoin Mining Network
Newsfile· 2024-12-03 06:00
Core Viewpoint - HIVE Digital Technologies Ltd. has announced a significant acquisition of 8.6 EH/s of Bitmain S21+ Hydro Chips, which is expected to increase its Bitcoin mining hashrate to 15 EH/s by summer 2025, potentially generating $300 million in annual revenue and representing 2% of the global Bitcoin mining network [2][4][5]. Group 1: Acquisition Details - The acquisition includes 13,480 units, providing 4.3 EH/s of hashrate capacity, with delivery scheduled for April and May 2025 at a competitive price of $14/TH [6]. - HIVE has a call option to purchase an additional 13,480 units within one year, which could bring the total order to 26,960 units, equating to 8.6 EH/s of mining capacity [6]. Group 2: Financial Projections - Once fully deployed, the strategic expansion to 15 EH/s is projected to yield over $300 million in annualized revenue and more than $200 million in mining margin based on current mining economics [5]. - HIVE anticipates producing approximately 9 Bitcoin per day at the current difficulty level, supporting its vision for scaling operations while utilizing green hydro energy [5]. Group 3: Mining Efficiency and ROI - The new miners will operate at an industry-leading efficiency of 15 J/TH, with a blended fleet efficiency of 17 J/TH upon full execution of the Bitmain order [4][7]. - The company projects a return on investment (ROI) of approximately 10 months, considering current hashrate economics of $60/PH per day after accounting for operational costs [8]. Group 4: Environmental and Operational Considerations - Field research indicates that hydro ASIC miners perform exceptionally well in Paraguay's environmental conditions, enhancing the ROI of HIVE's green-energy-powered mining initiatives [9]. - HIVE is committed to advancing sustainable blockchain infrastructure, with data centers located in Canada, Sweden, and soon Paraguay [10].
HIVE Digital Technologies gains proxy support ahead of shareholder meeting
Proactiveinvestors NA· 2024-11-25 14:08
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The company delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
RETRANSMISSON: HIVE Digital Technologies Announces Continued Momentum with Green Energy Strategy and Independent Proxy Advisory Support for Upcoming Annual General and Special Meeting of Shareholders
Newsfile· 2024-11-25 11:00
RETRANSMISSON: HIVE Digital Technologies Announces Continued Momentum with Green Energy Strategy and Independent Proxy Advisory Support for Upcoming Annual General and Special Meeting of ShareholdersNovember 25, 2024 6:00 AM EST | Source: HIVE Digital Technologies Ltd.Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0.F) (the "Company" or "HIVE") a global leader in sustainable blockchain infrastructure, proud ...
HIVE Digital Technologies Announces Continued Momentum with Green Energy Strategy and Independent Proxy Advisory Support for Upcoming Annual General and Special Meeting of Shareholders
Newsfile· 2024-11-25 06:00
Core Insights - HIVE Digital Technologies is recognized for its green energy strategy and has received support from independent proxy advisory firms for its upcoming shareholder meeting [3][4][5] Group 1: Company Strategy and Performance - HIVE has successfully doubled the Bitcoin held on its balance sheet while advancing its AI strategy using NVIDIA chips [3] - The company emphasizes its commitment to sustainable blockchain infrastructure by utilizing 100% renewable energy for Bitcoin mining [9] Group 2: Shareholder Engagement - Institutional Shareholder Services Inc. (ISS) and Glass Lewis have recommended that shareholders vote "FOR" all proposed resolutions at the Annual General and Special Meeting scheduled for December 11, 2024 [4][5] - The Board of Directors encourages shareholder participation and has set a proxy voting deadline for December 9, 2024 [5][6]